2793 L B Mcleod Road

    Orlando, FL 32805
    • $1,749,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: O5817296
    UPDATED: 20 min ago
    $1,749,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 780
      SQFT
    • $2,242
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1973
    County:

    School Ratings & Info

    Description

    24 UNITS! 8.5% ROI ON FULL ASK AFTER ESTIMATED TAXES INSURANCE AND HOA FEES! This 24-unit portfolio is performing excellently and is 100% occupied!! Catalina Isle Condominiums is currently going through its well-deserved renaissance, as over the last 12 months the buildings have been painted and 're-stuccoed' where needed - new flat roofs have been installed, sidewalks repaired, pool area renovated, a cleaning staff hired in place for the community, and new balconies are being installed (est end date 11/30/19,) as well as new drainage systems are to be installed off balconies and front side of buildings. Centrally located by Millenia Mall, all units rented are about 10% below market value, providing a fantastic opportunity for higher ROI.

    Monthly Payment Calculator




    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-18T15:42:21.43.
    www.theduncanduo.com/homes/99661926

    2793 L B Mcleod Road Orlando, FL 32805

    • Price: $1,749,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: O5817296
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    780
    SQFT
    $2,242
    $/SQFT
    1973
    Built
    Neighborhood:
    Catalina Isles Condo
    County:
    Orange
    Area:
    Orlando/Washington Shores
    Property Description
    24 UNITS! 8.5% ROI ON FULL ASK AFTER ESTIMATED TAXES INSURANCE AND HOA FEES! This 24-unit portfolio is performing excellently and is 100% occupied!! Catalina Isle Condominiums is currently going through its well-deserved renaissance, as over the last 12 months the buildings have been painted and 're-stuccoed' where needed - new flat roofs have been installed, sidewalks repaired, pool area renovated, a cleaning staff hired in place for the community, and new balconies are being installed (est end date 11/30/19,) as well as new drainage systems are to be installed off balconies and front side of buildings. Centrally located by Millenia Mall, all units rented are about 10% below market value, providing a fantastic opportunity for higher ROI.
    Exterior Features

    Construction Materials Stucco Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air

    Property Features

    Additional Parcels Yn Yes Annual Expenses 90248 Business Type Residential Flood Zone Code X Net Operating Income 150000 New Construction Yn No Property Condition Completed Property Sub Type Multi-Family Special Listing Conditions None Tax Annual Amount 349.00 Tax Year 2018 Total Num Buildings 22 Zoning R-3B


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Re/Max Downtown.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-18T15:42:21.43.
     
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    Tampa FL, 33611